Posts Tagged ‘CBD’

COP 10 Nagoya ends with a weak agreement

October 29, 2010

The much touted COP10 conference in Nagoya Japan ended today with an agreement to continue to have such conferences.  It is a relatively weak agreement and in practical terms the conference agreed to  targets of protecting 17% of the world’s land surface – up from the current 13% , and 10% of the oceans (as already existing) by 2020.

The BBC reports:

Many poorer countries say they do not have the resources to implement such targets. Developed nations agreed to establish mechanisms for raising finance to help them – which could amount to hundreds of billions of dollars per year by 2020.

They are required to have a plan to raise such sums in place by 2012, when Brazil will host the second Earth Summit in Rio de Janeiro.

The trickiest issue – the agreement on sharing profits from the development of products drawing on genetic resources in developing countries, known as Access and Benefit-Sharing (ABS) – was resolved after developed nations, led by the EU, made some crucial concessions.

In particular, they agreed that the measures should cover anything made from this genetic material, technically known as “derivatives”. They had previouslty argued for a much narrower scope.

Japan looks set to emerge with credit, having steered the tough negotiations through its final hours.

“What the Japanese government really wants to do here is to get agreement so they can be proud of the Nagoya CBD,” said Wakao Hanaoka, oceans campaigner with Greenpeace Japan.

“What is really needed, since the Japanese government has just started its role of chairing the CBC intil 2012, is to keep doing what they have promised to international society.”



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